This bond is designed for various motor vehicle dealers and amounts vary depending on the type of business. For wholesalers and motorcycle dealers the amount is set at $10,000, while it is $50,000 for new and used dealerships. Surety1 provides low-cost programs that can help dealers find particularly affordable California Motor Vehicle Dealer Surety Bond options, even with poor credit. The premium on this bond is usually as low as $100 for the $10,000 bond and $500 for the $50,000 surety bond.
To Acquire a California Motor Vehicle Dealer Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.